A Rs. 50 lakh loan can help meet major financial needs such as business expansion, property investment, medical emergencies, or personal expenses. One of the most efficient ways to secure such a loan is by leveraging your investments. Loans against investments offer competitive interest rates, faster processing, and flexible repayment options.
These loans allow individuals to use their shares, bonds, mutual funds, or insurance policies as collateral to secure a high-value loan. Since they are secured, they generally come with lower interest rates than unsecured loans.
This article explores the different ways to get a Rs. 50 lakh loan, eligibility criteria, required documents, the application process, benefits, and EMI calculations.
6 ways to get 50 lakh loans
The following table provides a detailed overview of the best options to avail a Rs. 50 lakh loan against investments:
Loan product | Interest rate | Loan tenure | Details and application link |
ESOP Financing | up to 15% p.a. | Up to 36 months | Learn more and apply for ESOP Financing |
Loan Against Bonds | Up to20% per annum | Up to 36 months | Learn more and apply for Loan Against Bonds |
Loan Against Insurance Policy | Up to 24% p.a.(In case of lock-in policies, compounding interest will be chargedIn case of lock-in free policies, simple interest will be charged) | Up to 96 months | Learn more and apply for Loan Against Insurance Policy |
Loan Against Mutual Funds | 8-15% per annum | Up to 36 months | Learn more and apply for Loan Against Mutual Funds |
Loan Against Shares | 8-15% per annum | Up to 36 months | Learn more and apply for Loan Against Shares |
These secured loans offer a hassle-free way to get immediate funds while keeping your investments intact.
Eligibility criteria for a Rs. 50 lakh loan
To qualify for a Rs. 50 lakh loan, applicants must meet specific eligibility requirements set by lenders. The general criteria include:
- Age: 18 to 65 years
- Income: Stable income source from salary, business, or investments
- Employment status: Salaried or self-employed professionals/business owners
- Asset ownership: Existing investments in bonds, shares, or insurance
Lenders may have additional criteria depending on the loan type and security offered. This is based on Bajaj Finance loan against securities.